Property Listing
Description
Stabilized five-unit multifamily property in Glenwood City offering immediate operational continuity and long-term ownership value. With all units occupied and a history of low vacancy and limited turnover, this property presents a practical opportunity for buyers seeking a manageable first multifamily acquisition or a seamless addition to an existing rental portfolio. The building has seen consistent care and selective improvements over time, including remodeled units, newer vinyl siding, and a roof replaced approximately ten years ago—helping reduce near-term capital uncertainty. The diversified unit mix supports steady operations while keeping the overall scale approachable for hands-on ownership or streamlined management. An additional cement block storage building adds functional utility and flexibility for ownership. Supporting documentation, including a current rent roll and operating history, is available in the supplements to assist buyers with underwriting and informed decision-making. Well-suited for buyers focused on acquiring a stabilized income-producing property that can be stepped into with minimal disruption, this offering balances operational stability with long-term hold potential in a market known for consistent rental demand.
Property Information
Status: Active
Sub Type: ********
List Price: $284,900
MLS#: 7047954
Current Price: $284,900
Address: ********
City: Glenwood City
State: WI
Postal Code: 54013
Geo Lat: ********
Geo Lon: ********
Subdivision: Glenwood
County: St. Croix
Property Description
Year Built: 1956
Lot Size SqFt: 5227.2
Gen Tax: 4226.29
Specials Inst: 0
High School: Glenwood City
Square Ft. Source:
Above Grade Finished Area: ********
Below Grade Finished Area: ********
Below Grade Unfinished Area:
Total SqFt.: 3000
Style: ********
Total Bedrooms: 8
Total Bathrooms: 0
Total Full Baths: ********
Garage Type:
Garage Stalls: 2
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: Building, Land, Leases, Other
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: